The Mortgage Interest Deduction: Causes of Fluctuations in a Procyclical Tax Expenditure
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DOI: 10.1177/1091142119854689
Abstract: The mortgage interest deduction (MID) is the largest source of US federal homeowner support. I estimate that this tax expenditure fluctuated between 0.2 and 0.9 percent of gross domestic product (GDP) over the past five… read more here.
Keywords: tax; tax expenditure; interest deduction; mortgage interest ... See more keywords